Company History - Bull Power System
BULL POWER SYSTEMS LTD (BPSL), was incorporated on 25th June, 1985 for
setting up manufacturing facilities for 14,000 units per annum of
Switch Mode Power Supply (SMPS) at Somajiguda, Hyderabad, by a group
of first generation entrepreneurs with professional background, lead
by Mr.R.Chandrasekhar Rao. The other promoters were Mr.G.Sivaram
Prasad, Mr. R. Sai Prasad, Ms.M. Subba Lakshmi and Mr. M. Krishna
Mohan. The project was partly financed by loans from state level
institutions and seed capital assistance from IDBI. Mr B.
Chandrashekhar Rao is a graduate in Electronics and
Telecommunications engineering. He worked in the electronics industry
for five years before promoting BPSL. R. Sai Prasad, brother of B.
Chandrashekhar Rao, is a graduate in Law. He had been practicing in
Hyderabad for five years in fields like Labour Law, Industrial Law,
Company Law etc. before promoting BPSL.
The Company started its operations in 1985, by setting up a project
at Somajiguda, Hyderabad, Andhra Pradesh, for the manufacture of
SMPS. After incorporation of the company in1985, the company was
looking for a suitable collaboration for the manufacture of SMPS and
finally entered into a collaboration with Futaba lndustrfes Co. Ltd.,
Japan in 1987. The project was appraised by State Level Institutions,
AFSFC (Andhra Pradesh State Financial Corporation) and APIDC (Andhra
Pradesh Industrial Development Corporation), with equity
participation of APEDC (Andhra Pradesh Electronics Development
Corporation). Thereafter the project implementation began and
commrecial operations started 1988-89.
The technical assistance availed by the company from Futuba
Industries Co. Limited included supply of detailed drawings and
circuit designs, identification of manufacturing equipment and
accessories, establishement of manufacturing process and systems,
setting up quality
standards and training of personnel. The company completed the
implementation of this scheme in 1988-89. Between 1988-89 and
1993-94, the company had gradually increased its installed capacity
from 14,000 units pa to 30,000 units pa.
The company has successfully absorbed the technology of its
collaborators, Futaba Industries Ltd. It has also developed its own
Research and Development Laboratory to design custom made products to
suit the requirement of various end-users. The Company's products are
well accepted in the market and its main customers include
Modi-Olivetti, Modi Xerox, PCS Data General, Tata Telecom, Tata
Unisys and Wipro.
To meet the increasing demand of SMPS, the company started
implementation of an expansion scheme at Medcal, Medak District,
Andhra Pradesh in February 1993. The installed capacity for SMPS was
increased from the then existing 30,000 units pa to 1,50,000 units
per annum. The total cost of the expansion scheme was Rs 465 lacs
which was financed by term loans of Rs 309 lacs (ICICI - Rs 180 lacs,
SCICI - Rs 120 lacs). 20th century Capital Corporation Ltd and Second
India Investment Fund of ANZ Grindlays had together contributed Rs 50
lacs by way of equity. The company completed the expansion scheme in
September 1994 and the commercial production began in October, 1994.
Switching Power Supply.
Switching Power Supply popularly known as SMPS is a part of the basic
power conversion equipment. It can be an AC-DC convertor or a DC-DC
AC-DC converters are primarily used inside every electronic equipment
which operates on taking an AC voltage as input and which requires a
single or multiple well regulated and protected DC voltage to
function internally. DC-DC converters are primarily used in
equipments such as telephone exchanges, EPABX, data communication
equipment, which operates on DC voltages internally while taking a
different DC voltage as an input.
SMPS finds application in Computers, Peripherals, Copiers, Fax
Machines, Instruments, Audio and Video Equipments, Industrial
Electronics, Medical Electronics, Defence Equipments and Aerospace
The company is now diversifying to synergised value added products
like power plants used in teleptione exchanges by Department of
Telecommunications, and also Airconditioned Railway coaches used by
Indian Railways etc., and also Resonant Converter technology based
Uninterruptible Power Supplies with main focus on energy savings.
MAIN OBJECTS OF THE COMPANY
1. To carry on business as manufacturers, processors, buyers,
sellers, importers, exporters, distributors,stockists,
representatives,suppliers, collaborators, technologists, advisers,
consultants and agents in India or elsewhere of all kinds and
description of electronic and electrical products systems, power
supplies, switch mode power supplies, linear powers supplies,
components, materials, instruments,computers, instrumentation,
peripherals, electronic equipment, defence equipment, television
(Black and White) and colour, micro processor based systems, special
systems and their by products.
2. To manufacture, develop, design, buy, sell, import, export,
distribute, repair, maintain, exchange, alter, hire, enter into
arrangement for setting up the same either in whole or in part of in
any other way, to deal in, any machinery or plant fitting, tools,
materials, products and things of all kinds capable of being used for
of the above mentioned items.
3. To carry on any business relating to manufacture and fabrication
and sale of various electronic material, instruments, spares for
power supplies, televisions, micro processor based systems and any
other similar products.
4. To carry out research and development, investigations and
experimental work of every description in relation to electronics.
5. To develop, negotiate, acquire, market, buy, sell, export, import,
entering into agreements and contracts with foreign companies, firms
and individuals for technical assistance, knowhow transfer an
in manufacturing, imports and exports of raw material and generally
deal in technological knowhow related to the above objects.